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Question: What type of pool payouts do you prefer?
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Author Topic: [40+ PH] SlushPool (slushpool.com); World's First Mining Pool  (Read 3852506 times)
philipma1957
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May 11, 2016, 02:20:18 PM
 #21921

Hardware, connectivity, software, etc all do indeed play roles in the overall performance of a pool.  For example, we all know there are some "bad actors" out there, and those actors have taken advantage via block withholding attacks (here, Eligius, BTCGuild).

However, my point wasn't to compare the possibilities of someone gaming the system to influence things, it was simply a statement that past performance has no bearing on future performance.  Previous events (i.e. I solved 5 blocks in a row under 0.5 CDF) do not influence future.  In other words, you cannot state, "We have been unlucky for the past 5 blocks, therefore, we are due for good luck."  Or, to use the euphemism of the previous poster, "yesterday's rain does not guarantee today's sunshine."

True enough.

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d57heinz
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May 11, 2016, 02:24:47 PM
 #21922

http://www.newmusicbox.org/articles/From-Computer-Models-of-Musical-Creativity/  i take it noone read this.  Cry

too each their own.. This is all about perspective.  we all know that after 10,000 blocks it will be near .5 cdf. 100 % luck whatever your flavor, using that logic one can (not with 100% certainty) predict future luck.. I say do what you want.  Again its a perspective issue.  

Best Regards
d57heinz

As in nature, all is ebb and tide, all is wave motion, so it seems that in all branches of industry, alternating currents - electric wave motion - will have the sway. ~Nikola Tesla~
jmumich
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May 11, 2016, 02:28:19 PM
 #21923

Wow...after everything there are still people mining Slush ?!?

This is called "an inertia".
It is rather a lot of people who mine know variance effects and know that after rain comes sunshine. No need to hurry.

Moreover it seems that the sun shines on the pool of slush now!
If people truly understood how the variance works, they'd know that past rain has no bearing whatsoever on future sunshine.

Maybe a better way to put it is that while it is raining, that is to be expected, because it will rain from time to time. But we can also expect sunshine, because there will be sunshine from time to time. Over a long enough period of time, we are likely to see that we've had the appropriate amount of rain and sunshine.
jonnybravo0311
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May 11, 2016, 02:30:15 PM
 #21924

Yes, that is exactly how you can state it.

@d57: 100% luck is 0.63 CDF.

Jonny's Pool - Mine with us and help us grow!  Support a pool that supports Bitcoin, not a hardware manufacturer's pockets!  No SPV cheats.  No empty blocks.
CarrollFilms
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May 13, 2016, 06:00:02 PM
 #21925

Did anybody else notice the 10+ Ph/s jump in the pool hash rate?

Back in my day Bitcoin used to cost $69
Efficiency V
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May 17, 2016, 03:51:01 AM
 #21926

Did anybody else notice the 10+ Ph/s jump in the pool hash rate?

Yeah, its over 70 now... but its not helping lol 7.5 hours without a block  Undecided
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May 19, 2016, 07:39:27 AM
 #21927

Did anybody else notice the 10+ Ph/s jump in the pool hash rate?

Yeah, its over 70 now... but its not helping lol 7.5 hours without a block  Undecided

The blocks just rolling like crazy my friend....haven't seen it?
sbtctalk
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May 19, 2016, 03:59:02 PM
 #21928

Are there any compelling reasons that make miners stay on this pool?

Erumara
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May 19, 2016, 04:52:34 PM
 #21929

Are there any compelling reasons that make miners stay on this pool?

Pros:

1. Transparency that goes far above and beyond any other pool that I am aware of.
2. Really nicely done GUI, tools, and statistics.
3. Democratic hashpower voting for user-submitted proposals. (Never heard of another pool doing this)
4. Years of experience and uptime coupled with a continually evolving system.
5. Backed by large amount of hashpower including some mines over 1PH.
6. Can use Google 2FA for wallet address changes (As well as perm-locking an address to an account) really nice security features.

Cons:

1. Slightly higher PPS fees.
2. Seems to attract a lot of hate, haven't figured that one out yet.


Feel free to look back over the debate spanning basically the entire life of this post, but better question:

Do you have any compelling reason why not to use this pool?

Always hashing for the community. Oh, and dollars.
QuadrigaCX -Your North American Exchange- https://www.quadrigacx.com/?ref=h0een92jnww3mhxsekv3mqau -Get Verified Today!
bittalc1
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May 19, 2016, 07:55:26 PM
 #21930

Are there any compelling reasons that make miners stay on this pool?

Pros:

1. Transparency that goes far above and beyond any other pool that I am aware of.
2. Really nicely done GUI, tools, and statistics.
3. Democratic hashpower voting for user-submitted proposals. (Never heard of another pool doing this)
4. Years of experience and uptime coupled with a continually evolving system.
5. Backed by large amount of hashpower including some mines over 1PH.
6. Can use Google 2FA for wallet address changes (As well as perm-locking an address to an account) really nice security features.

Cons:

1. Slightly higher PPS fees.
2. Seems to attract a lot of hate, haven't figured that one out yet.


Feel free to look back over the debate spanning basically the entire life of this post, but better question:

Do you have any compelling reason why not to use this pool?

Transparency my ass, communication zero! Dont lie to him please
Erumara
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May 19, 2016, 08:36:46 PM
 #21931

Hate-bait successful!

Please refer to Pros #1: Reference https://slushpool.com/stats/hashrate_proof/

Please also refer to Cons #2:

Transparency my ass, communication zero! Dont lie to him please

More hate, based on no facts, with no references and no evidence. I still fail to understand it.

What pool anyone chooses is precisely none of your concern, anyone with EVIDENCE insisting that Slushpool is not entirely legit is still HIGHLY ENCOURAGED to come forth with it.

I'm not about to put a bounty on this information, but if anyone HAD such evidence and refused to share it, that would make them a far shittier person than any pool operator scamming their members.

Always hashing for the community. Oh, and dollars.
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bittalc1
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May 19, 2016, 08:56:06 PM
 #21932

Hate-bait successful!

Please refer to Pros #1: Reference https://slushpool.com/stats/hashrate_proof/

Please also refer to Cons #2:

Transparency my ass, communication zero! Dont lie to him please

More hate, based on no facts, with no references and no evidence. I still fail to understand it.

What pool anyone chooses is precisely none of your concern, anyone with EVIDENCE insisting that Slushpool is not entirely legit is still HIGHLY ENCOURAGED to come forth with it.

I'm not about to put a bounty on this information, but if anyone HAD such evidence and refused to share it, that would make them a far shittier person than any pool operator scamming their members.
ok sorry didnt knew that slush made it possible to see the hashrate proof, but again that is because of lack of communication. Not all use facebook to see his updates. If he is more acitve here maybe he will atract more PH.
xman77
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May 19, 2016, 11:34:32 PM
 #21933

Since this January all my payouts from Slush pool show as this transaction is not standard and should not be trusted, why is it like that?
kano
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May 20, 2016, 01:29:59 AM
 #21934

genesis-mining mined with hardware that wouldn't find blocks
250BTC or more was lost by all the miners due to this
genesis-mining should have returned the BTC the pool paid them, for mining with hardware that wouldn't find blocks, and that should have been distributed to the miners

slush hid this ... I wonder why

Pool: https://kano.is BTC: 1KanoiBupPiZfkwqB7rfLXAzPnoTshAVmb
CKPool and CGMiner developer, IRC FreeNode #ckpool and #cgminer kanoi
Help keep Bitcoin secure by mining on pools with Stratum, the best protocol to mine Bitcoins with ASIC hardware
fanatic26
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May 20, 2016, 01:51:19 AM
 #21935

If someone takes the time to do the math on all that information they freely share, they might see where the problem lies. Like an almost exactly 10% less payout that expected over the life of the pool...
d57heinz
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May 20, 2016, 01:52:36 AM
 #21936

genesis-mining mined with hardware that wouldn't find blocks
250BTC or more was lost by all the miners due to this
genesis-mining should have returned the BTC the pool paid them, for mining with hardware that wouldn't find blocks, and that should have been distributed to the miners

slush hid this ... I wonder why

Thanks Kano for always providing transparency.

Best Regards
d57heinz

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Erumara
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May 20, 2016, 03:36:24 AM
 #21937

genesis-mining mined with hardware that wouldn't find blocks
250BTC or more was lost by all the miners due to this
genesis-mining should have returned the BTC the pool paid them, for mining with hardware that wouldn't find blocks, and that should have been distributed to the miners

slush hid this ... I wonder why


Little odd to see you in here spreading FUD, thought a little better of you frankly. Slush *to my knowledge* was perfectly up front when the block-withholding was confirmed. Insinuating he somehow "owes" the miners due to a bad actor withholding blocks is a bit of a strange way of looking at it.
Utmost of respect to the work you do, but I have left the arena WIDE open for someone to provide the evidence behind these accusations and there is yet to be someone willing or able to provide it.



Thanks Kano for always providing transparency.

Best Regards
d57heinz


Please send me the links to this "transparency", all I can see on Kano's site is the same as has always been there, the most basic of information you could possibly provide. At least I can count on you to reliably show up and spread nonsense regularly, brightens my day to see you back in here, with the same lack of any useful knowledge or information.


If someone takes the time to do the math on all that information they freely share, they might see where the problem lies. Like an almost exactly 10% less payout that expected over the life of the pool...


So I take it you're simply too busy to "do the math"? Or are you simply too "elite" to share your results with the peasants?
Are you really insinuating Slush is taking 10% off the top? This statement could hardly make less sense. You're talking about the theft of ~18BTC/day without a trace, that's a massive accusation to be coming from a Jr. Member who didn't bother including anything to back up such a damaging claim.

I have done the math, every one of my payouts has been on time and 100% accounted for, block for block. Still waiting for someone to show evidence to the contrary.

Always hashing for the community. Oh, and dollars.
QuadrigaCX -Your North American Exchange- https://www.quadrigacx.com/?ref=h0een92jnww3mhxsekv3mqau -Get Verified Today!
kano
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May 20, 2016, 10:52:21 AM
 #21938

genesis-mining mined with hardware that wouldn't find blocks
250BTC or more was lost by all the miners due to this
genesis-mining should have returned the BTC the pool paid them, for mining with hardware that wouldn't find blocks, and that should have been distributed to the miners

slush hid this ... I wonder why

Little odd to see you in here spreading FUD, thought a little better of you frankly. Slush *to my knowledge* was perfectly up front when the block-withholding was confirmed. Insinuating he somehow "owes" the miners due to a bad actor withholding blocks is a bit of a strange way of looking at it.
Utmost of respect to the work you do, but I have left the arena WIDE open for someone to provide the evidence behind these accusations and there is yet to be someone willing or able to provide it.
...
lulz the pool luck was well beyond bad in December ... for over 220 blocks ... way obvious that something was wrong back then
https://bitcointalk.org/index.php?topic=77000.msg13482822#msg13482822

As for 'owing' ... well the company that caused it is known, but he hid that detail and no one here I bet even knew it before I posted that.

But ... he let them off scot-free to keep the other miner's BTC and hid their name ... or he didn't let them off scot-free and kept the BTC that was returned.
Which one? No idea. Doesn't matter which, both are inappropriate ...

Pool: https://kano.is BTC: 1KanoiBupPiZfkwqB7rfLXAzPnoTshAVmb
CKPool and CGMiner developer, IRC FreeNode #ckpool and #cgminer kanoi
Help keep Bitcoin secure by mining on pools with Stratum, the best protocol to mine Bitcoins with ASIC hardware
philipma1957
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May 20, 2016, 12:43:41 PM
 #21939

genesis-mining mined with hardware that wouldn't find blocks
250BTC or more was lost by all the miners due to this
genesis-mining should have returned the BTC the pool paid them, for mining with hardware that wouldn't find blocks, and that should have been distributed to the miners

slush hid this ... I wonder why


Little odd to see you in here spreading FUD, thought a little better of you frankly. Slush *to my knowledge* was perfectly up front when the block-withholding was confirmed. Insinuating he somehow "owes" the miners due to a bad actor withholding blocks is a bit of a strange way of looking at it.
Utmost of respect to the work you do, but I have left the arena WIDE open for someone to provide the evidence behind these accusations and there is yet to be someone willing or able to provide it.



Thanks Kano for always providing transparency.

Best Regards
d57heinz


Please send me the links to this "transparency", all I can see on Kano's site is the same as has always been there, the most basic of information you could possibly provide. At least I can count on you to reliably show up and spread nonsense regularly, brightens my day to see you back in here, with the same lack of any useful knowledge or information.


If someone takes the time to do the math on all that information they freely share, they might see where the problem lies. Like an almost exactly 10% less payout that expected over the life of the pool...


So I take it you're simply too busy to "do the math"? Or are you simply too "elite" to share your results with the peasants?
Are you really insinuating Slush is taking 10% off the top? This statement could hardly make less sense. You're talking about the theft of ~18BTC/day without a trace, that's a massive accusation to be coming from a Jr. Member who didn't bother including anything to back up such a damaging claim.

I have done the math, every one of my payouts has been on time and 100% accounted for, block for block. Still waiting for someone to show evidence to the contrary.


while the coins mined have been paid what is the lifetime luck for the pool?

what is the 25 block luck?
what is the 50 block luck?
what is the 100 block luck?
what is the 250 block luck?
what is the 500 block luck?
what is the 1000 block luck?

A simple chart like this one below

Block Statistics

Description   Time         MeanTx%    Diff%   Mean%   CDF      Luck%
Last 5 Blocks   1.9days   101.3%   145.85%   145.85%   0.8520   68.57%
Last 10 Blocks   2.6days   101.6%   100.55%   100.55%   0.5489   99.46%
Last 25 Blocks   6.1days   101.7%   96.32%   96.32%   0.4526   103.82%
Last 50 Blocks   13.2days   101.4%   95.15%   95.39%   0.3883   104.83%
Last 100 Blocks   27.9days   101.4%   109.43%   110.01%   0.8419   90.90%
Last 250 Blocks   8.4wks   101.3%   93.43%   93.00%   0.1331   107.52%
Last 500 Blocks   18.9wks   101.2%   92.26%   91.08%   0.0206   109.80%

All - Last 921 Blocks   87.0wks   100.9%   93.56%   94.19%   0.0369   106.17%


I say this because  if the pool's luck lifetime is 90%  who cares if the guy pays all the coins.
Way is the pool down 10% lifetime in luck?

In the interest of honesty open discussion  will some one please show us slush luck stats.

in the format above?

 I would say all pools over 100 blocks made should use this format above to clearly show luck.
Why

 "Luck is the residue of design"

Branch Ricky  the first general manager to hire a black manager leaguer Jackie Robinson.

Most people think it just bad luck when a pool has a slow mining streak.  That assume all factors are perfectly equal.
The  256 algorithm is an equal factor that is it.

The servers.
The internet connections
The ddos protection
The pools coding
The Pool ability to detect bad miners doing a with holding attack.

Those are not equal  and will be reflected in the pools luck stats.

 More in the long term  100 block 250 block counts.

So does anyone want to make that list of block luck for slush?

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jonnybravo0311
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May 20, 2016, 01:50:05 PM
 #21940

lulz the pool luck was well beyond bad in December ... for over 220 blocks ... way obvious that something was wrong back then
https://bitcointalk.org/index.php?topic=77000.msg13482822#msg13482822

As for 'owing' ... well the company that caused it is known, but he hid that detail and no one here I bet even knew it before I posted that.

But ... he let them off scot-free to keep the other miner's BTC and hid their name ... or he didn't let them off scot-free and kept the BTC that was returned.
Which one? No idea. Doesn't matter which, both are inappropriate ...
I for one did not know it was Genesis Mining.  Wow.  I thought their gear was supplied by SPTech - I remember the promo and announcement between the two, and the links to buy contracts right on Spondoolies site.

Jonny's Pool - Mine with us and help us grow!  Support a pool that supports Bitcoin, not a hardware manufacturer's pockets!  No SPV cheats.  No empty blocks.
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